Hi as per thread's topic, need some advices on how to rent out my units.. I have one unit of serviced residence & one sovo..

If you're a tenant who looking for a unit to rent, what will attract you? Say the unit provided some furniture etc.. What I can else I can offer?

Sungai Buloh area

This post has been edited by yiwen93: Sep 19 2022, 03:43 PM

Don’t tell me it’s D’sara Sentral. This is a tough project to break even unless you got it via Lelong.

Is the problem that you can’t rent it out all this while or is this something you just bought and you’re looking to stand out from the competition?

I think all tenants are looking for convenience particularly in a place like this where the only USP is the MRT.

So you’d need a complete fully furnished unit. Do it to a minimum budget and price your unit fairly.

This post has been edited by Cavatzu: Sep 19 2022, 04:15 PM

location first then good rental price then furnishing consideration...

D'sara...... neighbor SqWhere

So basically fully furnished unit might be more attractive huh..

habis lah... first bought it thought it'll become ong ong that area.. mana tau...

2 pointers.
Accessibility regardless foot or wheeled.
Check ratio 'for rent units' in the gate

This post has been edited by jojolicia: Sep 20 2022, 08:07 AM

Accessibility so far so good, and I believe once Kwasa town is stabilized our project will be benefited too.

But how to check the ratio? Please enlighten me T.T

to add on, if you get from lelong chances you can break even or make some extra income. furniture/deco is subject to your prospect tenant, not sure about sqwhere, but I see d'sara people do room+partition room rental, about RM500 to RM800. At this range, you need to look for cheap+reliable. you may do slight deco like provide double layer curtain, some lighting effect, wall fixture, painting etc. (If you do own DIY or taobao) it do not cost you alot

Location

And can rent it out by rooms. Make it like a female only house

Many looking for those kinda rentals but is hard to get

Ok I get you will do more research on that

Wow this is a very good suggestion! I never thought of that to make it as female only house Maybe I'll go to that as well, meanwhile to attract the girls my furnishings need to be good looking as well Lols

Oh dear I’ve spoken out against Sqwhere a number of times. Plus side it’s well built and does look nice. But of course the market here has really dieded.

Don’t worry too much. Make it functional, neat and above all for yourself inexpensive. Making it female friendly is clever. My tip for this is include a full length mirror in each room with good lighting if that’s what your target market is.

pls think twice before you decided to fully furnish your unit at this location

pls compare what is the rental of a semi furnished unit and fully furnished unit. say if only RM300 to RM500 difference, then its just not wise to fully furnished as the investment is huge and after 3-4 years, all your furniture and electrical appliances are koyak .

For female - ensure good water heater, good air cond, maybe include Wifi and good deco

If good location surely have the market but have to be hardworking to post in various groups so those looking for place in KL from other states able to find your unit

can try contact/engage this company for consultation purposes:

https://www.facebook.com/Ask.Home365

maybe can try room rental or any form of subletting, so far the room rental demand area in this project quite good for those who bought from gurus and bulk purchases gang...

sovo how big size?

Noted on all of the above. Thanks for the advices everyone, property bought year back so no choice lor.. wanna let go also susah.. might as well think xia what else I can do lor



My Sovo is about 900sf+, Serviced apartment around 2000sf if I'm not mistaken.. My family bought it, I'm still clean thinking how to help only

Cut out as many rooms possible, 5 rooms x 600 is RM3k already

RM600 per room got demand ka? In my mind was RM400-500 lols... your RM600 come with utility/wifi bills?

500 a room also 2.5K, add WiFi 550, don't package utilities, later they bring one whole village to charge then u go Holland

oh can le, trust me, room rentals gonna help alot... haha... so huge size service apartment, full rental demand even for fully furnished gonna be super low... better engage one stop service help you settle from reno to room management... the room rental rate not bad in sqwhere... new product new toilet bowl to the market...

Isn’t renting by room and partitions considered fully furnished? So don’t provide bed and wardrobe?

yea consider fully furnished too... but if full unit rental, you wont partition the living room... and no family would rent more than rm2000 for whole unit for that location even you fully furnished it... room rental can get maybe 1k-2k extra depending on how convincing is your furnishing and services provided...

The plus point about Sqwhere’s layout is you get 2 rooms from the horizontal living/dining. Yea to survive for this development it’s a necessity unfortunately.

I just wonder if creating another toilet is viable. If you’re going to create a dormitory might as well go all the way.

more toilet the better and the faster your rooms get rented out... but the cost of plumbing and etc may not worth it haha... and the potential maintenance that comes with it...

for deco part I recommend u go through 小红书, there’s really lot of nice ideas

actually very simple, you need to ask yourself would you like to stay at that unit itself? if NO, how u expect a tenant gonna rent it, start work from the lacking from there

Ya wor I saw agent posted RM600-RM750 per room. Master bedroom can go up to RM900 just wondering if people will rent or not lar, but I believe if I do something like the suggestions above make it like female only + full body mirror + some of the nice furnishings should be fine! People in this forum really wala ~

even not full female unit also rooms always gt ppl need one... my fren's room rental operator, have more than 100 rooms, all fully occupied... nowadays single working youngsters prefer to rent a room and share the facilities rather than whole unit... easier and less heavy burden to them...

You could really run with the concept and offer 5 tier security with complimentary rape whistle and taser.

Hello TS, a sqwhere unit owner here. just managed to rent out my unit couple months ago with some furnishings and fixtures. Yours is SA or SV? Area?

My Sovo is about 900sf+, Serviced apartment around 2000sf. May I know your unit rented out through agent or your own?

Fully furnished will be more attractive for sure... Furthermore.. include utility in the rental will seem more attractive of course you need to state if exceeded certain usage. The tenant need to pay extra.

Provide WiFi📶 in rental package.

This post has been edited by wotpian: Sep 23 2022, 11:01 PM

agent. Got no time to handle this.

Wow ok! then maybe can get contact from you once everything is ready